Question
the common stock of Anthony steel has a beta of 1.20. the risk-free rate is 5 percent and the market risk premium is 6 percent.
the common stock of Anthony steel has a beta of 1.20. the risk-free rate is 5 percent and the market risk premium is 6 percent. assume the firm will be able to use retained earnings to fund the equity portion of its capital budget. what is the company's cost of retained earnings?
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
